✅Gold daily line maintained high box oscillation (3000-3037), tested the psychological barrier of 3000 for three consecutive trading days without breaking, forming a long-short balance zone.
✅The 4-hour chart completed the symmetrical triangle convergence (3025-3015), EMA5/EMA20 golden cross crossed EMA55, the medium-term moving average system was arranged in a bullish pattern, the MACD green kinetic energy column continued to shrink, and DIF showed signs of crossing DEA to form a golden cross.
🔴Support level:
🔹3015-3018 (4H Bollinger middle rail + wedge lower rail + previous central high point)
🔹3008-3010 (Daily EMA21 + Fibonacci 38.2% retracement)
🔹3000 integer mark (bull-bear watershed)
🟢Resistance level:
🔸3035-3038 (Daily previous high + Fibonacci 61.8% counter-pressure level)
🔸3045 (weekly pivot point R2 + option maximum pain point)
🔸3050 (psychological mark + channel upper rail)
✅Intraday trading strategy:
🔰Short order: short in batches when gold price rebounds to around 3036-3038, stop loss 3055, target around 3025-3020, breakout can be seen at 3015;
🔰Long order: long in batches when gold price falls back to around 3015-3018, stop loss 8$, target around 3030-3035, breakout can be seen at 3040;
🔹Trading strategies are time-sensitive. We will provide members with real-time and accurate trading strategies based on market changes. Stay tuned🤝
✅The 4-hour chart completed the symmetrical triangle convergence (3025-3015), EMA5/EMA20 golden cross crossed EMA55, the medium-term moving average system was arranged in a bullish pattern, the MACD green kinetic energy column continued to shrink, and DIF showed signs of crossing DEA to form a golden cross.
🔴Support level:
🔹3015-3018 (4H Bollinger middle rail + wedge lower rail + previous central high point)
🔹3008-3010 (Daily EMA21 + Fibonacci 38.2% retracement)
🔹3000 integer mark (bull-bear watershed)
🟢Resistance level:
🔸3035-3038 (Daily previous high + Fibonacci 61.8% counter-pressure level)
🔸3045 (weekly pivot point R2 + option maximum pain point)
🔸3050 (psychological mark + channel upper rail)
✅Intraday trading strategy:
🔰Short order: short in batches when gold price rebounds to around 3036-3038, stop loss 3055, target around 3025-3020, breakout can be seen at 3015;
🔰Long order: long in batches when gold price falls back to around 3015-3018, stop loss 8$, target around 3030-3035, breakout can be seen at 3040;
🔹Trading strategies are time-sensitive. We will provide members with real-time and accurate trading strategies based on market changes. Stay tuned🤝
Trade active
✅Intraday trading strategy:🔰Short order: short in batches when gold price rebounds to around 3036-3038, stop loss 3055, target around 3025-3020, breakout can be seen at 3015;
🔰Long order: long in batches when gold price falls back to around 3013-3015, stop loss 8$, target around 3025-3030, breakout can be seen at 3038;
🔹Trading strategies are time-sensitive. We will provide members with real-time and accurate trading strategies based on market changes. Stay tuned🤝
Trade closed: target reached
Congratulations! The long order entered near 3013-3015 has successfully reached TP3025!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.